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    35 20Th Pl Portland, OR 97209

    Sponsored
    For Sale
    Contact for pricing

    Historic building, prime location, 10 parking spaces.

    Property size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-square-foot medical office building, constructed in 1921 and extensively renovated in 2000, presents a unique investment opportunity in Portland, Oregon. Located at 35 NW 20th Pl, 97209, this single-story structure boasts a wealth of character, including bow truss ceilings, 12'5" brick walls, and exposed wood beams. The property features a fully set-up medical clinic layout, complete with six exam rooms, two restrooms, and a spacious waiting area. Ten gated on-site parking spaces provide ample convenience for patients and staff. The building benefits from significant upgrades completed in 2000, including a seismic upgrade, roof replacement, and comprehensive plumbing and electrical improvements to accommodate the existing kitchen and ventilation systems. HVAC systems were also upgraded in 2000 (5-ton gas pack) and 2007 (two 4-ton split systems). The property is zoned CX – Central Commercial, offering flexibility for various uses. Its convenient location is within walking distance of Providence Park and directly across from the Stadium Fred Meyer, ensuring high visibility and accessibility. This property is vacant and ready for immediate occupancy. The Multnomah County Assessor's Parcel Number (APN) is R198670.

    Property Features for 35 20Th Pl

    General Information

    Property type
    Medical offices
    Square Feet
    1 SF

    Building Details

    Year Built/Renovated
    1921/2000
    Buildings
    1
    Stories
    1

    HighLights

    • 1,000 SF Medical Office Building, Vacant.
    • Fully equipped with six exam rooms, two restrooms, and a waiting area.
    • Features 12'5" bow truss ceilings, brick walls, and wood beams.
    • Offers 10 gated on‑site parking spaces.
    • Centrally located in Portland, OR with CX zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Dental Office Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Law Firm Daycare Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.69358371
    Latitude
    45.52369102

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    FAQs

    What type of property is this?
    Medical office - Historic building, prime location, 10 parking spaces.
    Where is this medical office located?
    The property is located at 35 20Th Pl Portland, OR.
    What are key features of this property?
    This property features: 1,000 SF Medical Office Building, Vacant.; Fully equipped with six exam rooms, two restrooms, and a waiting area.; Features 12'5" bow truss ceilings, brick walls, and wood beams.
    Request Owner's contact information
    35 20Th Pl Portland, OR 97209
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    Portland, OR 97209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    35 20Th Pl Portland, OR 97209
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